News

USA: Fears that the recent slowdown in the US economy would drastically affect the top end of the art market were to some extent realised at New York’s Impressionist and Modern sales last week.

USA: Florida-based organiser David Lester has abandoned plans to launch his inaugural America’s International Fine Art Fair at Westchester County, New York State, this October and has postponed the debut until October 11 to 20, 2002.

Dennis Tito is evidently not the only American millionaire with a fascination for space exploration.

UK: Moroccan textiles were the strong suit in Christie’s South Kensington’s May 4 sale of Islamic and Indian textiles, none more so than this impressive 2ft 3in x 8ft x6in (70cm x 2.6m) silk-embroidered linen ceremonial panel dated to the 18th century and worked with striking abstract designs.

Work to transform and modernise the Hôtel Drouot has been delayed for a third time due to “technical and material constraints” and will now begin in March/April 2002 and last until September next year.

One of the high points of Bonhams & Brooks’ May 2 sale in the London Islamic Series of sales was a 10in (25cm) square Isnik tile, pictured, dated to c.1580.

FRANCE: François Curiel, 52, is to replace Hugues Joffre as head of Christie’s France in an adminstrative shake-up that also sees the departure of Christie’s French Director-General Franck Prazan, who helped mastermind the firm’s transfer to their new premises on Avenue Matignon. Joffre and Prazan are both expected to leave the firm.